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    2557 South Ave Wappingers Falls, NY 12590

    Sponsored
    For Sale
    $699,000

    Prime Commercial Land, Investment Opportunity

    Property size:
    4,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 2557 South Ave in Wappingers Falls, NY 12590, presents a compelling investment opportunity. The 4,300 square foot lot is zoned for special purpose use and currently features a mixed-use building. The existing structure comprises three units: a restaurant/bar and two apartments, offering diverse income streams. The property boasts convenient parking, accommodating three vehicles to the side, and additional parking spaces are available in the driveway in front of the building. Situated in the Village of Wappingers Falls, this location offers excellent visibility and accessibility. The asking price for this unique property is $699,000. This presents a rare chance to acquire a well-positioned commercial property with significant potential for growth and return on investment. The property's versatile nature allows for a variety of future development possibilities, making it an attractive option for both seasoned investors and those seeking a new venture. Detailed information on zoning and permitted uses is readily available upon request. Don't miss this chance to secure a prime commercial property in a thriving New York community. Serious inquiries only.

    Property Features for 2557 South Ave

    General Information

    Property type
    Land
    Square Feet
    4,300 SF

    HighLights

    • $699,000 asking price.
    • 4,300 square foot lot.
    • Special purpose commercial land.
    • Located at 2557 South Ave, Wappingers Falls, NY 12590.
    • Three‑unit building including a restaurant/bar and two apartments.
    • On‑site parking for three cars plus driveway parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.9199902
    Latitude
    41.5921368

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Investment Opportunity
    Where is this land located?
    The property is located at 2557 South Ave Wappingers Falls, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: $699,000 asking price.; 4,300 square foot lot.; Special purpose commercial land.
    Request Owner's contact information
    2557 South Ave Wappingers Falls, NY 12590
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    Wappingers Falls, NY 12590
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2557 South Ave Wappingers Falls, NY 12590
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